How to Choose the Best Chart on TradingView for Forex Trading

One of the key factors in technical analysis is choosing the right chart view for your analysis, a chart that lets you clearly see price movements and details. The TradingView website offers various chart views to its users, but today we will introduce the best chart views so you can perform your analysis in the easiest and most effective way.

By choosing the right chart view, you can clearly identify trends, price movements, and support and resistance levels on the chart. Each chart type has its own features and uses, and depending on your trading style and strategy, you can use whichever one you prefer.

The best trading view charts for forex

1_ Candles
2 _ Line
3 _ area

These three chart types are among the most effective chart views on TradingView for analyzing the Forex market and identifying entry and exit points. Each has its own strengths and ideal use cases depending on your trading strategy. In the rest of this article, we’ll walk you through all three chart models to help you choose the one that fits your analysis style best.

The candlestick chart

In the picture above you can see the standard chart or the candlestick chart, the candles make up this chart, This chart contains green and red candles, the red candles are bearish candles and lower the price. and the green candles that you see in the chart are bullish candles and raise the price. You’ll see the price on the right side of the chart and the time and date at the bottom of the chart.

Line chart

The chart above is made up of one line and in this chart the highs and lows are very clear. The candles are removed and the one line forms our chart. You can easily find the tops and bottoms in the market with this chart model.

Area Chart

The chart above is made up of areas and line. It is called an area chart. We can easily identify trends in the market with this chart model. The shape of this chart is similar to the line chart, In this chart model we can easily identify the market trend.

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